Last 47 quarters of trend data · Communication Services · Entertainment
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Live Nation Entertainment, Inc.'s quarterly P/E stands at 56.0x, up 239.4% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 12.4% YoY to 10.7x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -675.58 | 55.96 | 92.24 | — | 58.33 | 16.49 | 22.75 | — | — | 10.76 | 22.33 | — | — |
| — | +239.4% | +305.4% | — | — | +53.3% | +1.9% | — | — | -21.3% | -28.6% | — | — | |
| P/S Ratio | 1.51 | 1.13 | 1.27 | 2.23 | 1.36 | 0.88 | 0.95 | 1.60 | 0.93 | 0.62 | 0.99 | 1.28 | 0.94 |
| — | +28.6% | +32.7% | +39.8% | +45.1% | +41.2% | -3.3% | +25.1% | -0.5% | -17.4% | -13.1% | -64.7% | -62.1% | |
| P/B Ratio | 42.03 | 19.36 | 15.38 | 14.31 | 15.85 | 13.75 | 14.74 | 16.71 | 14.75 | 11.92 | 19.73 | 20.23 | 21.12 |
| — | +40.8% | +4.3% | -14.3% | +7.5% | +15.3% | -25.3% | -17.4% | -30.2% | -35.8% | -41.1% | -66.2% | -71.3% | |
| P/FCF | 114.42 | — | — | 6.68 | 8.86 | — | 25.62 | 7.20 | 11.50 | — | 14.99 | 3.84 | 5.28 |
| — | — | — | -7.2% | -23.0% | — | +70.9% | +87.3% | +117.7% | — | -18.0% | -33.1% | -44.8% | |
| EV / EBITDA | 17.83 | 10.70 | 14.26 | 29.64 | — | 9.52 | 10.19 | 70.70 | 113.48 | 7.25 | 11.23 | 16.84 | 392.78 |
| — | +12.4% | +39.9% | -58.1% | — | +31.2% | -9.3% | +319.7% | -71.1% | -16.6% | -10.5% | -69.1% | — | |
| EV / EBIT | 26.94 | 12.65 | 18.70 | 53.51 | — | 10.97 | 11.47 | 81.61 | — | 7.92 | 12.90 | 27.63 | — |
| — | +15.4% | +63.1% | -34.4% | — | +38.4% | -11.1% | +195.3% | — | -23.6% | -22.2% | -88.3% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Live Nation Entertainment, Inc.'s operating margin was 9.3% in Q3 2025, up 2.4 pp QoQ and up 1.0 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 3.9% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 247.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | 85.1% | 25.6% | 33.3% | 21.0% | 24.5% | 26.8% | 30.2% | 19.8% | 22.8% | 26.0% | 32.4% | 23.3% |
| — | +247.9% | -4.4% | +10.3% | +5.9% | +7.4% | +3.0% | -6.6% | -14.8% | -3.1% | -1.1% | -20.3% | -9.3% | |
| Operating Margin | 5.0% | 9.3% | 6.9% | 3.4% | -4.2% | 8.4% | 7.7% | -1.1% | -1.4% | 8.0% | 6.9% | 4.6% | -2.8% |
| — | +11.5% | -10.2% | +411.5% | -202.0% | +4.3% | +12.7% | -123.9% | +50.1% | -2.6% | -4.5% | +204.2% | +39.4% | |
| Net Margin | 2.0% | 5.1% | 3.5% | 0.7% | 3.5% | 5.9% | 4.9% | -1.4% | -3.6% | 6.4% | 5.2% | -0.1% | -4.7% |
| — | -14.0% | -29.8% | +147.8% | +198.0% | -7.7% | -5.2% | -1315.3% | +23.7% | +8.9% | +23.1% | +96.4% | +34.4% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 34.9% | 20.1% | 11.0% | 1.1% | 10.3% | 25.7% | 19.8% | -3.7% | -13.2% | 36.9% | 30.7% | -0.4% | -23.1% |
| — | -21.8% | -44.3% | +130.8% | +177.8% | -30.3% | -35.5% | -810.0% | +42.5% | -18.4% | -15.4% | +96.7% | +65.5% | |
| ROA | 2.3% | 1.9% | 1.1% | 0.1% | 1.0% | 2.2% | 1.5% | -0.3% | -1.1% | 2.7% | 1.5% | -0.0% | -1.3% |
| — | -16.6% | -26.5% | +140.2% | +192.5% | -15.8% | -2.8% | -1456.4% | +12.4% | +19.0% | +30.7% | +94.6% | +10.4% | |
| ROIC | 343.5% | 14.3% | 10.6% | 2.3% | -4.1% | 12.2% | 11.3% | -0.9% | -1.6% | 14.9% | 12.6% | 4.2% | -2.8% |
| — | +17.3% | -6.9% | +350.7% | -163.3% | -17.9% | -9.9% | -122.0% | +44.0% | +15.9% | +17.3% | +433.3% | +13.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Live Nation Entertainment, Inc.'s Debt/EBITDA ratio is 9.8x, down from 13.0x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 8.8% YoY to 0.92x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.93 | 4.74 | 3.65 | 3.93 | 4.25 | 4.19 | 5.15 | 5.52 | 5.70 | 4.95 | 7.48 | 10.64 | 10.08 |
| — | +13.0% | -29.2% | -28.8% | -25.4% | -15.3% | -31.1% | -48.1% | -43.5% | -34.8% | -40.6% | -39.0% | -50.9% | |
| Debt / EBITDA | 1.39 | 9.80 | 13.04 | 31.39 | — | 10.55 | 13.31 | 87.95 | 159.30 | 10.74 | 16.09 | 32.57 | 663.81 |
| — | -7.1% | -2.0% | -64.3% | — | -1.8% | -17.3% | +170.0% | -76.0% | -13.7% | -7.4% | -45.4% | — | |
| Current Ratio | 1.00 | 0.92 | 0.88 | 0.96 | 0.99 | 1.01 | 0.92 | 0.92 | 0.96 | 1.14 | 1.08 | 1.08 | 0.98 |
| — | -8.8% | -4.4% | +4.4% | +3.7% | -11.7% | -14.5% | -14.5% | -2.6% | +10.1% | +8.5% | +9.9% | +0.8% | |
| Quick Ratio | 1.00 | 0.92 | 0.88 | 0.96 | 0.99 | 1.01 | 0.92 | 0.92 | 0.95 | 1.14 | 1.08 | 1.08 | 0.98 |
| — | -8.8% | -4.4% | +4.4% | +3.6% | -11.7% | -14.5% | -14.5% | -2.6% | +10.1% | +8.5% | +9.9% | +0.8% | |
| Interest Coverage | 3.96 | 9.87 | 6.75 | 1.43 | -3.10 | 7.27 | 5.82 | -0.51 | -0.88 | 7.58 | 4.71 | 1.60 | -1.65 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonLive Nation Entertainment, Inc.'s current P/E is -675.6x. The average P/E over the last 3 quarters is 68.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Live Nation Entertainment, Inc.'s current operating margin is 5.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Live Nation Entertainment, Inc.'s business trajectory between earnings reports.